Coinbase Listing Boosts PNUT Price 20%

Peanut the Squirrel (PNUT) is a Solana-based meme token that gained significant attention in late 2024 due to a viral animal-rights campaign. The token's popularity surged after a squirrel named Peanut went viral, and the hashtags #JusticeForPeanut started trending. The price of PNUT is subject to significant market fluctuations, driven more by hype and ecosystem events than by fundamental factors.

In late 2024, Coinbase announced that PNUT would be added to their listing roadmap, which caused an immediate 20% increase in the token's price and pushed its market cap above $1.3 billion. By mid-November 2024, PNUT's market cap had reached over $2.25 billion. This rapid growth was largely fueled by the excitement surrounding the token's inclusion on major exchanges and the ongoing viral campaign.

Two significant events in late 2024 further impacted PNUT's trajectory. The first was Coinbase's listing roadmap announcement in December 2024, which led to a 20% price surge. The second event was a legal dispute in mid-December 2024, when Peanut's owner demanded that Binance stop using his branding, citing trademark infringement. This legal risk could potentially affect PNUT's liquidity and price if exchanges are forced to remove the token or face injunctions.

Despite these challenges, PNUT's meme origins have spawned multiple copycat coins, and it briefly topped Dexscreener charts. The token's short history has been marked by hype-driven pumps and headline-grabbing drama, making it a highly volatile and speculative asset.

Technical analysis for PNUT indicates a shaky outlook. After a parabolic move in October and November 2024, the token's price retracted below $0.20 by early 2025. Mid-2025 would require sustained buying to break higher prices, and current sentiment is considered "Bearish" by CoinCodex. PNUT's price action is typical of meme coins, with big spikes followed by retracements. Key short-term support is around $0.15, and resistance is at $0.25-$0.30. Without new bullish catalysts, PNUT may oscillate or trend down for months.

For 2025, the price of PNUT is projected to rise if bullish catalysts emerge. According to the analyst's forecast, the token's price is expected to reach $0.21 in July 2025, $0.27 in August 2025, $0.30 in September 2025, $0.32 in October 2025, $0.37 in November 2025, and $0.40 in December 2025. This trajectory assumes positive market momentum from mid-2025, with moderate adoption of meme coins or further exchange news potentially driving the token's price toward these levels.

For 2026, the expected continued growth is highly tentative, reflecting a mix of bullish and bearish influences. The monthly forecasts for 2026 range from $0.43 in January to $0.61 in December. These predictions are speculative and subject to the same mix of factors that have influenced PNUT's price in the past.

Expert and analyst predictions for PNUT's price in 2025 and 2026 are highly varied. Bearish analysts have PNUT finishing around $0.14–$0.15 by the end of 2025, while bullish projections have the token's price much higher. For 2026, DigitalCoinPrice has an average price of $0.51, with CoinPedia predicting an even higher average of $2.71 if meme fever persists. This range of opinions underscores the speculative nature of PNUT's future price movements.

Several key factors affect PNUT's long-term price. Memecoin sentiment and viral events are crucial, as PNUT's origin is a viral story, making it highly sensitive to social media trends and public sentiment. Any new meme or social campaign about Peanut can trigger significant trading activity. Regulatory and legal news can also impact confidence, as seen with the trademark infringement claim against Binance. Broader crypto market trends, Solana network activity, and macroeconomic conditions will also influence PNUT's price. The token's large circulating supply and thin order books on smaller exchanges mean that big trades can cause significant price movements, affecting its stability or volatility.

In conclusion, Peanut the Squirrel (PNUT) is a high-risk, high-uncertainty asset. The years 2025 and 2026 are expected to be volatile, with bull runs driven by hype countered by sell-offs when sentiment fades. In a good scenario, PNUT may rise to $0.4–$0.6 by 2025–26. However, conservative forecasts suggest that prices will be near current levels or lower without new catalysts. Investors should approach PNUT price predictions with caution, bearing in mind that all forecasts are speculative and real-world outcomes are unpredictable.

Looking at the technicals, recent developments, and expert forecasts, PNUT price predictions range from $0.15 to $0.60 by late 2026. The monthly and yearly forecast tables are moderate, supported by RSI and moving averages. Expert insights from CoinCodex, CoinPedia, and DigitalCoinPrice are also speculative. PNUT is very volatile, driven by sentiment and meme coin cycles.